All the signs point to The Acorns at Stellenbosch being sold out well before work on the site is completed in February/March next year, says Paul Henry, Managing Director of Rawson Developers.
The perception in the general public’s mind that property developers make huge profits on their developments is way off the mark.
The Beaumont high rise development to be launched in December 2012 will be equal in height to the highest building in the Claremont precinct
It has never been easy to get a new project launched and the plain truth is that developers have to be some of the most persevering people in the entire construction sector. It is opined that at this stage in South Africa’s economic history, far too few new projects are being launched, to the detriment of the entire residential sector. Setting out of the process, along with some of the realistic challenges, may however encourage owners sitting on land to consider its potential and further development.
The South African property development and construction sectors are having to introduce exceptionally tough price cuts which may - or may not - keep them in business for the coming year

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